HSBC Finance Corporation Declares Dividends

HSBC Finance Corporation Declares Dividends

18 November 2008

Mettawa, IL - HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company's Series B preferred stock of $0.3975 per depositary share payable December 15, 2008, to shareholders of record on December 1, 2008.

About HSBC Finance Corporation
HSBC Finance Corporation is a subsidiary of HSBC North America Holdings Inc., one of the top ten financial organizations in the United States. HSBC Finance Corporation has assets totalling more than $146 billion, and its subsidiaries provide real estate secured loans, auto loans, credit cards and private label credit cards, personal non-credit card loans, taxpayer financial services and specialty insurance products.

Media Contacts

• Diane Soucy Bergan
• Diane.Soucy.Bergan@us.hsbc.com
• 224-544-3310